Fundstrat Global Advisors Tom Lee on what and where to buy now at CNBC FA Summit
Inflation and escalating geopolitical tensions are two of the major headwinds facing markets right now, but Fundstrat’s Tom Lee believes that there are significant buying opportunities amid what might be a volatile fall. He joins us to share his thoughts on which sectors he considers strongest, where he sees the most upside, and what areas he’s advising investors to avoid as we head into the second half of 2024.
Tom Lee, Fundstrat Global Advisors Managing Partner
Interviewer: Michael Santoli, CNBC Senior Markets Commentator
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I just want my money to keep outgrowing the inflation rate. That’s why I'm looking for companies now to invest my $120k savings. Just don't know strategies to employ to make significant gains
Sooo let me get this straight. As
Inflation comes down. And people start losing their jobs. They provide direct competition to AI and AI margins stay the same??? Sorry bud. This is the real world. AI doesn’t have a home unless supply demand demands it.
What I dislike is not Tom Lee's analysis but most of the comments trying to sell their services.
Tom, $3T /yr is 10% GDP…
👍👍🇧🇷🇷🇺🇮🇳🇨🇳🇿🇦➕️👍👍👏👏👏👏👏👏👏👏
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I'm up with 244k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
If what Tom is projecting is true and billions will be spend in AI and not wages then how is the social security system going to sustain itself in the years to come?
I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.
i believe this guy …look how big his head is compared to the interviewer
Everyone’s been preaching investing lately as a source of passive income but with a 70 hour weekly jobs and limited knowledge of financial instruments, how can I actually stay on top of things, I see every YouTube video saying BUY BUY! But when and how do I sell for profit at the right time?
I'm interested in investing, but I'm not sure where to start. Do you have any advice or contacts who can help me out?
Tom Lee is Korean❤
tom lee is a freakin chad
F the Fed's. I've been buying every dip that's happen because of everyone selling for two years. Cause when they do cut rates. I've watch everyone run out of this market everytime the Fed's spoke. And I just buy,buy,buy.
Tom Lee is a joke, and soon he will look like the clown he is.
It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to protect my $300K stock portfolio from decline is my main concern, but I don't really know which way to go.
Tom lee doesn't disappoint. it's so obvious that things are not improving. I'm looking at high-yield dividend stocks. Selling 200k worth of stocks is stupid without reinvesting it. I might turn to cash soon if I don't invest it. Any particulars? (Buying bonds or CDs is not for me)
I am eternally grateful to miss shabs, she changed my entire life and I will continue to preach in her name so that everyone hears that you saved me from a huge financial debt with just a small investment, Thank you miss shabs
We must protect this man at all costs. He is a national treasure.
Tom still believes Russel 2000 will go up 50% this year. Good luck.
Bitcoin is Gold 2.0! #BTC #Bitcoin
proof #1 that inflation rages out of control – Tom Lee can't afford a haircut.
Mr triple chinss😂
AI could eliminate $3T of labor costs (per year)! That’s about 6-7% of our GDP! This will eliminate hundreds of thousands of mundane jobs. Andrew Yang is right – Universal Basic Income (UBI) is a must for those who fall through the cracks, especially in the poorest “red” states.
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
This dude can steer a boat with no hands!
Tom Lee. 🚀🐐
is it really worth investing in stocks in 2024, I’ve been on the sidelines watching the market for awhile and it seems to be pretty stagnant to me not that it matters because I’m in it for the long run, but how can one generate actual profit in this current market?
Did Tom Lee commit Harry Karry?
Tom Lee is bullish no matter what 😂
I'm thinking to put some cash in stocks, I was at Salt Shack and i overheard some friends saying its ripe enough, but Is this a good time to buy stocks? I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
Incredible insight and big picture predictable perspective
Tom called for $200oil, when will they diss this pillow biter?
talk about usless clickbait
Perma bull doin' what perma bull does…
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
Avoid Tom Lee's analysis at your own risk. We are entering the next Technology "Industrial Revolution" with the advent of AI Factories. There is a platform shift from what computers do today to what computers will do in the AI revolution, i.e., "Intentional Computing". It has just begun and when the Blackwell GPU architecture is deployed it will feature six transformative technologies for accelerated computing, which will help unlock breakthroughs in data processing, engineering simulation, electronic design automation, computer-aided drug design, quantum computing, and generative AI.
Tom Lee is the man
😊Tom Lee👍👍
once the market crashes this summer, this Yoda frog will go away for good
In other words multiple reinfections with covid leads to more long covid workers exiting the workforce replaced by AI
More Tom Lee
When rates were zero, ppl still couldn’t afford homes. Inventory is the problem and is not solved by low or high interest rates.
so, where to buy?
Tom Lee the poster boy for suckers.
it's myth the inflation where it's still high, but it has been downtrend except housing which is not a Barometer due to scarce resource locally. Fed will take the most restrict approch slow the growth futher another 6 months, cutting GDP, tax revenue and higher interest payment transfering the wealth from borrow to bond holders.